Gold Prices Soar as Global Financial Stress Mounts

• Gold reflects financial uncertainty while oil predicts economic downturn • Bitcoin touched the low of $19,500 due to the fallout of SVB • Crude oil has plummeted by 15% in the past month Gold Prices Reflecting Global Financial Distress During Friday’s session, when Bitcoin touched the low of $19,500 due to the fallout of SVB, further contagion spread into […]

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Senator Questions Government Regulation of Crypto Mining’s Energy Use

• The Senate held a hearing on March 7 to discuss the potential environmental impacts of cryptocurrency mining. • Senator Cynthia Lummis (R-Wyoming) expressed concern about the use of energy efficiency standards to target crypto mining operations. • The Crypto-Asset Environmental Transparency Act requires miners utilizing over 5 megawatts of power to disclose their emissions data, while the EPA is […]

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Revolutionize Your Business: Unlocking the Potential of the Machine Economy

• Industrial Internet of Things (IIoT) and distributed ledger technology (DLT) are converging to create a machine economy that could contribute up to $15 trillion to the global economy by 2030. • The machine economy is defined as a network of smart, connected, and economically independent devices and machines acting as autonomous market participants, executing economic transactions and other activities […]

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